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Many of us receive gift cards from thoughtful friends or family, but sometimes these cards go unused. Luckily, you can quickly sell it for PayPal cash through various methods.
You can exchange unused gift cards, such as Amazon, Target, Walmart, or generic prepaid Visa cards, for actual cash. Instead of letting them sit in a drawer, turn them into real money you can use anywhere.
PayPal cash offers greater convenience compared to gift cards. You can easily transfer your PayPal balance to your bank account, make payments, or shop online at any store accepting PayPal.
PayPal provides enhanced flexibility for your spending needs.
How to turn gift cards to PayPal cash
Learn how to exchange your gift cards for PayPal funds with these simple steps.
PayPal provides a guide on exchanging gift cards for PayPal cash using CardCash, making it a convenient option. Simply convert your gift card into PayPal cash, allowing you to use the balance for payments, transfer funds to your bank, or shop online.
Here is how it operates:
- Visit CardCash.
- Input the merchant’s name and the gift card balance, then click “Get Offer” to view the available PayPal balance for exchange.
- To add more gift cards, provide the details and click “ADD CARD.”
- If you agree with the exchange offer, select “Continue.”
- Enter your gift card number and PIN, then click “Connect with PayPal.”
- Log in to your PayPal account.
- Complete the required fields and click “Get my PayPal balance.”
You can exchange multiple gift cards at once, but the exchange rates may vary between companies based on the card’s demand.
Your funds are typically deposited into your PayPal account within one business day.
Next up is Raise, a platform dedicated to buying and selling gift cards. Users can easily sell their gift cards and receive payment directly to their PayPal accounts.
Here is how it operates:
- Find your gift card on the Raise website, whether new or partially used.
- List the card for sale at your preferred price. It’s free for thousands of brands.
- Receive your payment through PayPal or direct deposit once your gift card sells.
You can exchange your gift cards for cash on eBay, unlike some platforms such as OfferUp and Facebook Marketplace that restrict gift card sales to protect buyers. eBay permits the sale of certain types of gift cards.
Sellers can list the following types of gift cards on eBay:
- eBay gift cards sold by authorized sellers.
- Collectible gift cards with no monetary value, provided the listing clarifies the lack of monetary amount.
- Gift cards for stores or companies undergoing bankruptcy or closure, as long as they are still accepted as a form of payment. Listings must specify any expiration date if applicable.
When listing eligible gift cards, sellers must adhere to the following requirements:
- The total face value of gift card listings must not exceed $500 at any given time.
- The gift card must be physically in hand at the time of listing, and it must be shipped within 5 days of the date it is sold.
On eBay, you are not allowed to sell the following gift cards:
- Electronically delivered gift cards from non-approved third-party retailers.
- Prepaid credit cards (American Express, Discover, Mastercard, or Visa).
- Store or merchandise credit in the form of a receipt.
Listing items on eBay is free, but there is a final value fee. In most categories, this fee is 12.9% of the sale price, along with an additional $0.30 per order.
Cash4GiftCardsAmerica is an online platform where you can quickly exchange your gift cards for cash directly to your PayPal account. The process is fast, and you can expect the funds in your account within an hour.
To sell your gift cards on the site, simply provide a valid ID, such as a driver’s license or any state-issued ID.
To ensure secure and efficient transactions, the website requires you to submit your ID. This allows you to quickly get cash on the site.
Cash4GiftCardsAmerica accepts gift cards from over 650 popular stores but only accepts cards with a minimum balance of $25.
Enter your card balance to receive an offer. If accepted, you’ll be paid through PayPal, with additional payment methods like Zelle and Cash App.
While the site claims a track record of paying out within an hour, slight delays may occur based on your chosen payment method. Overall, it provides a quick and efficient way to instantly sell gift cards for PayPal funds.
Sell your gift cards for PayPal cash at BuyBackWorld, a reputable platform with an A-rated accreditation from the Better Business Bureau and a “Great” rating of 4.2 stars on Trustpilot.
BuyBackWorld is a legitimate option for converting your gift cards into PayPal cash.
Here is how it operates:
- Go to the BuyBackWorld website.
- Choose the gift card you want to sell from the dropdown menu.
- Enter the gift card’s value and specify the quantity.
- Receive a quote from the website.
- If you accept, mail your gift cards to BuyBackWorld for free using the provided prepaid shipping label.
- Once BuyBackWorld receives and verifies your gift cards, they will issue payment through your preferred method, such as PayPal, check, direct deposit, prepaid debit card, or a BuyBackWorld.com gift card. Payment is within 2 business days after verification.
6. Yard Sale
Consider organizing a yard sale as an alternative. Sell your gift card and ask for PayPal as the payment method. Since it’s not through a website or company, there are no listing or commission fees, allowing you to retain 100% of the profit.
However, keep in mind that yard sale attendees often seek bargains, so you may not always receive the optimal value for your gift cards.
ClipKard offers a platform for selling your unwanted gift cards in exchange for PayPal cash.
Here is how it operates:
- Visit ClipKard’s website and choose your gift card brand from the dropdown menu.
- Enter the gift card balance and select the quantity you want to sell.
- ClipKard will provide a quote for your gift cards.
- If you agree to the quote, ship your card/cards using USPS First Class Mail (with shipping covered by ClipKard) or USPS Priority Mail (with shipping cost deducted from the final payment). Review the calculated Priority shipping cost in the Payment Summary box.
- Once ClipKard receives and verifies your gift cards, you’ll be paid. Choose between PayPal (available within 1 business day after verification) or a check for your payment.
8. Use your prepaid gift cards wherever PayPal is accepted
If you possess a prepaid gift card, such as a prepaid MasterCard or Visa gift card, there’s a simple method to use it.
Just add the cards to your PayPal account.
You can easily add Visa, American Express, MasterCard, or Discover gift cards to your PayPal account. Once added, you can use these versatile gift cards for online purchases, like regular debit or credit cards linked to your PayPal account.
You can use your gift card wherever PayPal is accepted for payment.
PayPal is widely accepted, simplifying the use of prepaid gift cards like Visa, MasterCard, and others for easy spending. Ensure the prepaid card has sufficient balance to cover the entire payment amount.
Another option worth exploring is Craigslist, where you can sell your gift card and receive payment through PayPal. Craigslist allows you to list items for sale for free and doesn’t charge any commissions, allowing you to retain 100% of your profits.
10. PayPal Zettle
To exchange your gift cards for cash with PayPal, use the PayPal Zettle app. Create an account online or on the app, then set up the gift cards feature. Enter basic details about the gift card and assign a unique tracking code for easy redemption.
To sell, click “Gift Card,” enter the value, and follow the prompts to add the card to your digital card. Finally, complete the payment process.
You can only sell gift cards individually. If you want to sell additional items, please make a separate purchase.
Convert your gift cards into PayPal cash effortlessly using the CardSell app. Download the app, input your card number and pin, and wait for verification. Once approved, you’ll get an offer. If you agree, the money will be sent to your PayPal account within approximately 48 hours.
The subreddit r/giftcardexchange offers a platform to sell or trade your unused gift cards with fellow users. Payment options include PayPal. It’s important to note that selling gift cards for amounts exceeding $250 requires approval from moderators.
13. Gift Card Granny
Gift Card Granny provides a convenient platform to sell your gift cards for instant cash. Enjoy unique and attractive offers by submitting your gift card details to confirm and proceed with the hassle-free transaction.
This platform lets you receive payments in your PayPal or Cash App balance. You can also sell your gift cards in person at designated exchange locations. Gift Card Granny ensures you get the highest instant cash value for your gift card sales.
14. Card Kangaroo
Card Kangaroo follows a process similar to many others on this list, with the additional step of physically verifying your gift card. After agreeing to the terms, you’ll need to send the gift card to Card Kangaroo for verification.
No need to worry. The company provides a complimentary shipping label. Simply send the gift card to their mailing address at no cost. This platform is designed for gaming enthusiasts. Once Card Kangaroo gets your card, they’ll promptly send payment to your PayPal account.
A couple of honorable mentions
Gameflip and GiftCash were once suggested for trading gift cards for PayPal money. However, it appears that these platforms currently do not support PayPal as a payment option.
I’ve included them as honorable mentions because they enable you to exchange gift cards for cash, excluding PayPal. If you’re open to receiving cash for your gift cards through options like bank transfer, check, or Payoneer, it could be worth trying.
Tips to sell gift cards online
A gift card is a prepaid debit card or voucher bought from a store or online retailer. It can be given as a gift or used to redeem items or services from the card provider. Like cash, you can use a gift card by swiping it through the electronic reader in stores, similar to a credit or debit card.
Gift cards are typically redeemed on the card issuer’s website or at the retailer’s store. For instance, a Gucci gift card is valid only in Gucci stores, while a Visa or Mastercard can be used anywhere. There are no fees associated with these cards.
To sell gift cards for instant payment, consider the following tips:
- Verify the credibility and reputation of the website before selling.
- Consider trading partially used gift cards instead of selling them outright.
- Patience is crucial; practice patience and wait for the best time to sell.
- Provide all essential gift card details, including balance, expiry date, inception date, and retailer’s name.
- Explore the possibility of converting some gift cards to cryptocurrency through trading; check with the retailer for information.
- Research stores and websites that redeem gift cards at or close to their face value.
Consider these factors before exchanging gift cards for instant cash.
The bottom line
Selling gift cards for PayPal cash offers various options. Popular resale websites like CardCash, Raise, and BuyBackWorld are reliable for this. However, you’re limited to the prices these platforms offer.
Opting for general marketplaces, where you can list and sell your gift cards independently, and set your own prices, provides more control over your earnings.
Some online marketplaces like OfferUp and Facebook Marketplace restrict the sale of gift cards to prevent fraud.
However, you can still sell gift cards on platforms like Craigslist and certain types on eBay, providing alternative options.
If you aim to quickly sell gift cards for PayPal cash, consider using Cash4GiftCardsAmerica. They claim to offer payments within an hour, making it an excellent option.
In general, there are several options available if you’re exploring ways to sell gift cards for PayPal cash.